Latest Restructuring News

Spenda Limited has pushed back the closing date for its retail entitlement offer by five days, aiming to complete a critical $8.545 million capital raise to support its turnaround plan and reduce debt.

Reliance Worldwide Corporation plans to shutter its brass manufacturing in Melbourne, citing declining volumes tied to automation and supply chain shifts, while targeting a US$9 million boost to operating earnings by FY27.

WasteCo Group’s Chair Roger Gower will resign in July 2026, with Sean Joyce stepping up as Chair amid ongoing CEO recruitment and operational upgrades.

Kip McGrath Education Centres has revised down its FY26 guidance following weaker-than-expected second-half revenue and earnings, driven by falling lesson numbers and a strong Australian dollar.

Fleetwood is divesting its RV arm Camec and shutting its Smithfield manufacturing site to sharpen focus on modular building. The moves will cost up to $24 million in FY26 restructuring charges and halt the final dividend.

Triton Minerals has secured Mozambique government approval for mining concessions tied to its graphite assets, a critical hurdle cleared in its joint venture deal with NQM Gold 2 Pty Ltd. This milestone de-risks the transaction and sets the stage for imminent completion and cash receipt.

Dotz Nano has secured A$3.3 million through a private placement, backing its next phase of production scale-up and customer engagement under incoming CEO Nati Harpaz.

The NSW Supreme Court has approved Aeris Resources' takeover of Peel Mining, setting in motion key dates for shareholder entitlements and trading suspension.

3P Learning confirms FY26 guidance, wins a New Zealand Ministry of Education contract, secures a $5.5 million tax refund, and signals a return to dividends with a $9.6 million payout planned.

Lifestyle Communities has boosted new home sales by over 50% year-to-date in FY26 while slashing unsold inventory and net debt, positioning itself for stronger long-term returns amid cautious market conditions.

NoviqTech Limited has clarified that its planned divestment of Non-Coralia assets was not foreseen during its Coralia acquisition and reflects a strategic pivot to biochar carbon removal, with leadership changes aligned to this refocus.

Nova Minerals Corp. (ASX: NVA) has had its trading suspension lifted as of 18 June 2026, following the implementation of shareholder and warrant holder schemes of arrangement.